Kedipes: Return to the state reaches €1.93 billion, with €1.27 billion remaining until 2030
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Kedipes: Return to the state reaches €1.93 billion, with €1.27 billion remaining until 2030

The Cyprus Asset Management Company (KEDIPES) has returned €1.93 billion to the state, covering a significant portion of the 2018 government aid. Under a revised business plan, the company aims to repay 90% of the state support, totaling €3.2 billion by 2030, leaving a remaining balance of €1.27 billion. Additionally, KEDIPES has officially terminated plans for loan portfolio sales, shifting its strategy exclusively toward organic deleveraging to protect public finances.

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